Sold

$300,000

609 NW 7th St, Galva, IL 61434

3beds

1,379sqft

Apartment

Built in ----

-- sqft lot

$177,500 Zestimate^®

$218/sqft

$1,071 Estimated rent

Home value

$177,500

$131,000 - $225,000

$1,071/mo

Zestimate^® history

Owner options

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$1,071/mo

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$1,071/mo

Rent Zestimate^®

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$2,137/mo

Est. payment

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$2,137/mo

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What's special

16 units in Galva, IL. Four 4 unit buildings with two 2 bedroom units and two 1 bedroom units in each building. 609 NW 7th St, 611 NW 7th Ave, 1034 SW 2nd St. Shared laundry room in each building. Great opportunity for rental property in lovely little town. Each unit on separate electric and water service Property has a Restrictive Use Agreement that will remain on the property after closing. See attached documents for details.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)

Features

Eat In Kitchen (Unit 1), Eat In Kitchen (Unit 2)
Basement: None

Interior area

Total structure area: 1,379
Total interior livable area: 1,379 sqft

Property

Parking

Total spaces: 16
Parking features: 1 space, Outside
Details: Outside

Features

Levels: Two

Lot

Size: 1.78 Acres

Details

Parcel number: 2428255001
Zoning: Res
Special conditions: Short Sale

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters, Separate water meters

Community & HOA

Location

Region: Galva

Financial & listing details

Price per square foot: $218/sqft
Tax assessed value: $71,182
Annual tax amount: $7,489
Date on market: 11/8/2022
Listing terms: Arms Length
Inclusions: 15 stoves 16 refrigerators
Exclusions: Tenants personal property
Total actual rent: 12300

Price history

Date	Event	Price
6/6/2024	Sold	$300,000-14.3%$218/sqft
Source: SCWMLS #1946547 Report a problem
4/10/2024	Pending sale	$350,000$254/sqft
Source: WIREX MLS #1946547 Report a problem
3/4/2024	Price change	$350,000-22.2%$254/sqft
Source: WIREX MLS #1946547 Report a problem
8/28/2023	Pending sale	$450,000$326/sqft
Source: WIREX MLS #1946547 Report a problem
2/22/2023	Listed for sale	$450,000$326/sqft
Source: WIREX MLS #1946547 Report a problem
11/30/2022	Pending sale	$450,000$326/sqft
Source: WIREX MLS #1946547 Report a problem
11/8/2022	Listed for sale	$450,000+650%$326/sqft
Source: WIREX MLS #1946547 Report a problem
7/28/1998	Sold	$60,000$44/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,488 +2%	$25,124 +3.5%
2023	$2,439 +9.7%	$24,275 +12%
2022	$2,224 +11.9%	$21,674 +14.5%
2021	$1,988 -1.5%	$18,929 -3.1%
2020	$2,019 -4.7%	$19,534 -5%
2019	$2,119 +2.4%	$20,562 +3%
2018	$2,069 +1%	$19,963 +2.7%
2017	$2,050 +0.5%	$19,438 +0.5%
2016	$2,040 +0.7%	$19,342
2015	$2,026	$19,342 -1%
2013	$2,026 +5%	$19,537 +1.9%
2007	$1,931 +70.3%	$19,173 -2%
2006	$1,134	$19,564